Fixed income

The central bank’s pledge to buy investment-grade credit and certain funds helped spark a rally in higher-rated debt.

Asset managers may need to reassess the assumption that’s become widely held in recent years: that inflation is dead.

Turning loss into profit in down markets can seem like magic to some clients.

“Recent further Fed action from COVID-19 seems to put another layer on a near-40-year bond bull market,” an expert says.

The relief allows funds to obtain cash infusions through collateralized loans until the end of June.

Seeing the size and variation in average returns among a variety of asset classes offers perspective for those who are anxious.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

Bear markets come with checklists of savvy moves to make for investment portfolios.

The funds are trading at staggering discounts to their net asset values in what some have dubbed an “illiquidity doom loop.”

Five of the top seven performers this year carry AA ratings.